DOCSLIB.ORG

European Investment Bank

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
European Investment Bank European Investment Bank Great Lakes Regional Private Sector Forum Nairobi 22 June 2018 Catherine Collin Head of EIB Regional Representation for East Africa 22/06/2018 1 EIB: the bank of the European Union WHAT IS THE EIB? The bank of the European Union, Its shareholders are the 28 EU's Member States; Headquartered in Luxembourg, with a network of some 45 offices; Provides long-term funding to finance projects; Non-profit maximizing institution; It passes on its favourable borrowing terms (thanks to its AAA rating) to its customers; Some 450 projects are financed each year, in over 160 countries. Europea n Climate action is a horizontal objective, i.e. it is integrated in the other priority objectives – EUR 19 bn in 2017 22/06/2018 3 Outside the EU EUR 2.6 bn 22/06/2018 4 EIB in (sub-Saharan)Africa, Caribbean and Pacific: what we do Impact Financing Investment Facility Own Resources Envelope NEW : Infrastructure Package Job creation, climate action, support for SDGs Sustainable economic development Objectives Private sector development Vital Infrastructure • Water, sanitation, energy, • Support to small and • Financial sector capacity transport, ICT, urban development medium enterprises and • Credit lines midcaps • Regional Integration • Investment in microfinance • Support to corporates • Climate Change and • Investment in equity funds • Project Finance Adaptation • Boosting skills Priorities Sector • Agriculture, digital economy, • foundations for sustainable health, education development • Public and Private Partnerships 22/06/2018 5 Eligibility criteria to obtain EIB financing The project must be eligible under the mandate objectives for that particular country / region where the project is located. EU External Policy Goals Technical soundness, Promoter capability to risks and mitigation implement, operate measures, capacity for and maintain project Technically sound products/services Economically sustainable Timing, employment, Compliance with operating and applicable legislation maintenance costs, and EIB guidelines on Financially viable comparison with costs procurement and of similar projects environmental impact Environmentally sound Economic and Analysis of market and Socially acceptable financial profitability demand (e.g. rate of return) Procured openly EIB finances up to 50% of project costs European Investment Bank 6 EIB in Eastern Africa A few infrastructure projects supported by EIB in the region: Olkaria 1 & 4 Geothermal - EUR 119 m MRI with KfW & AFD Lake Turkana Wind Power – EUR 200 m – blending EU – AITF & EDFI cofinancing Mombasa – Mariakani Road – EUR 50 m - blending EU – AITF MRI with KfW LVWATSAN – Kisumu – EUR 35 m blending EU – AITF MRI with AFD LVWATSAN – Kampala – EUR 75 m blending EU – AITF MRI with KfW & AFD Bujagali Hydroelectric – EUR 98,7 m EDFI & KfW cofinancing East African Transport Corridor – Kampala – EUR 55m blending EU – AITF and EC TZ Backbone Interconnector – EUR 100 m LVWATSAN – Mwanza – EUR 45 m blending EU – AITF MRI with AFD Jiji and Mulembwe Hydropower – EUR 70 m blending EU-AITF and cofinancing with EU European Investment Bank 7 EIB in Eastern Africa A regional example - Off-Grid Solar Acceleration in Africa USD 25 million for access to energy to households and micro- entrepreneurs in Ethiopia, Kenya, Nigeria, Tanzania and Uganda About 10 million solar devices will be designed, assembled, distributed, financed and installed in Sub-Saharan Africa by the promoter, D.light Design, over the next 2.5 years Significant social impact: users typically are rural and/or low income households and micro- SMEs. 22/06/2018 8 European Investment Bank EIB in Eastern Africa RUZIZI III Hydropower First PPP hydropower project in the region Priority project for the Great Lakes region supported by regional organisations (NELSAP, CEPGL) EU flagship project supported by EU financiers since 2009 and developed following best international practices. Example of inter institutional cooperation: EU financiers (AFD, EIB, EU, KfW) + AFDB + WB High developmental impact: Provision of reliable renewable energy Support to peace building process, stability and regional integration Introduction of private sector efficiency in the construction, management and operation of the power plant Concessional funding allows affordable tarifs EIB in Eastern Africa SME and Microfinance Credit lines • Long term financing opportunities for private sector operators in key sectors of the economy : manufacturing, construction, food processing, transport, tourism, agro-industry, private health, education and trade (microfinance) • Expansion, diversification, modernisation and start-up • EUR, USD or local currency (up to 7 years) • From country specific to regional facilities • A total of EUR 935 m deployed over the period 2007-2018 in the region through commercial banks in Kenya, Tanzania, Uganda, Uganda, Rwanda and DRC • Combined with EUR 5 m TA programme for intermediaries and beneficiaries European Investment Bank 10 EIB in Eastern Africa Banks and Microfinance operators benefitting from EIB support: Family Bank, Prime Bank, Faulu, K-Rep, ABC Bank, Consolidated Bank, Equity Bank, Housing Finance, Co-operative Bank Bank of Africa, Centenary Bank, Housing Finance, DFCU Bank, Bank of Africa, NMB – National Microfinance Bank, CRDB Development Bank of Rwanda, KCB, I&M Bank Pro-Credit Regional IFIs: • PTA Bank Ltd - EUR 80 m for SMEs and Midcaps European Investment Bank 11 Catherine Collin Head of EIB Regional Representation East Africa NEW ADDRESS FROM 01/01/2018 !!!! Keystone Park, Block A, 3rd Floor Riverside Drive 95, Nairobi P.O Box 40193 – KE-00100 Nairobi +254 202735260 (office) +254 701591269 (mobile) www.eib.org [email protected] http://www.eib.org/projects/regions/acp/index.htm 22/06/2018 12.
Load more

Recommended publications
  • Strategic Management Practices Adopted by Abc Bank to Gain Competitive Advantage
    STRATEGIC MANAGEMENT PRACTICES ADOPTED BY ABC BANK TO GAIN COMPETITIVE ADVANTAGE BY KANDUGU EPHANTUS KAMAU A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION, SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI NOVEMBER, 2017 DECLARATION This research project is my original work and has not been submitted for examination in any other university. Signature:…………………………… Date:……………………… KANDUGU EPHANTUS KAMAU REG. NO. D61/81199/2015 This research project has been submitted for examination with my approval as a University Supervisor. Signature:…………………………….. Date:………………………. PROF. BITANGE NDEMO DEPARTMENT OF BUSINESS ADMINISTRATION SCHOOL OF BUSINESS UNIVERSITY OF NAIROBI ii ACKNOWLEDGEMENTS In a very humble way I appreciate the Almighty God. All this would not have been possible were it not for his mighty care and providence. My deepest appreciation goes to my Supervisor Prof. Bitange Ndemo for his unwavering support with this project. Thank you so much for your reliability, availability, insight, effort and in an intelligent and constructive way you challenged my thoughts on the topic of this thesis. Your energy is out of this world and wish you well in all your endeavors. Special thanks to my Boss Mr. Robinson Gitau Thuku who accorded me conducive environment during my research. I would like to appreciate my friends and classmates Mike Kabita, Dennis Murikwa, Judy Amagolo, Owuor Odeny, Jackson Maithya, Eric and Kang’ethe whom we exchanged ideas from time to time. I also wish to appreciate the effort Prof. Martin Ogutu for assisting in moderating this piece of work. iii DEDICATION This project is dedicated to my parents, Margaret Wanjiku and Daniel Macharia for their encouragement.
    [Show full text]
  • Africa October 2015 Manya Biemans
    Banking innovations in a fast DEVELOPING and CHANGING Africa October 2015 Manya Biemans 1 Standard Chartered Bank 2 Standard Chartered Presence Countries Standard Chartered Presence Footprint 71 Markets AMERICAS EUROPE AFRICA MENAP SOUTH GREATER NORTH ASEAN Argentina1 Austria Angola | Botswana Bahrain | Egypt1 ASIA CHINA EAST ASIA Australia | Brunei Brazil Falkland Islands Cameroon Iraq | Jordan Cambodia1 Bangladesh China Japan Canada1 France | Germany Cote d’Ivoire Lebanon1 Indonesia India | Nepal Hong Kong South Korea Cayman Islands1 Guernsey | Ireland The Gambia Oman | Pakistan Laos1 | Malaysia Sri Lanka Macau Mongolia1 Chile1 Italy | Jersey Ghana | Kenya Qatar Taiwan Myanmar1 Colombia1 Luxembourg Mauritius | Nigeria Saudi Arabia Philippines Mexico1 Russia1 | Sweden Sierra Leone United Arab Singapore Peru1 Switzerland South Africa Emirates Thailand | Vietnam United States of Turkey Tanzania UAE DIFC America United Kingdom Uganda | Zambia Zimbabwe 1 Representative Office 3 Standard Chartered Bank in Africa 4 Standard Chartered is a long term banking partner in Africa Our broad network, historical presence and Africa-tailored products and solutions enable us to meet all your in-country banking needs Tunisia Angola 1 Morocco Botswana 18 Algeria Libya Egypt Cameroon 2 Cote d’Ivoire 3 Mauritania Mali Niger Sudan Eritrea Gambia 5 Senegal Chad Gambia Dijibouti Ghana 23 Guinea- Bissau Burkina Faso Guinea Benin Cape verde Ghana Nigeria Somalia Kenya 39 Ethiopia Sierra Leone South CAR Mauritius 1 Liberia Togo Sudan Côte d'Ivoire Cameroon Uganda
    [Show full text]
  • Banking Sector Liberalisation in Uganda Process, Results and Policy Options
    Banking Sector Liberalisation in Uganda Process, Results and Policy Options Research report Editors: Madhyam & SOMO December 2010 Banking Sector Liberalisation in Uganda Process, Results and Policy Options Research report By: Lawrence Bategeka & Luka Jovita Okumu (Economic Policy Research Centre, Uganda) Editors: Kavaljit Singh (Madhyam), Myriam Vander Stichele (SOMO) December 2010 SOMO is an independent research organisation. In 1973, SOMO was founded to provide civil society organizations with knowledge on the structure and organisation of multinationals by conducting independent research. SOMO has built up considerable expertise in among others the following areas: corporate accountability, financial and trade regulation and the position of developing countries regarding the financial industry and trade agreements. Furthermore, SOMO has built up knowledge of many different business fields by conducting sector studies. 2 Banking Sector Liberalisation in Uganda Process, Results and Policy Options Colophon Banking Sector Liberalisation in Uganda: Process, Results and Policy Options Research report December 2010 Authors: Lawrence Bategeka and Luka Jovita Okumu (EPRC) Editors: Kavaljit Singh (Madhyam) and Myriam Vander Stichele (SOMO) Layout design: Annelies Vlasblom ISBN: 978-90-71284-76-2 Financed by: This publication has been produced with the financial assistance of the Dutch Ministry of Foreign Affairs. The contents of this publication are the sole responsibility of SOMO and the authors, and can under no circumstances be regarded as reflecting the position of the Dutch Ministry of Foreign Affairs. Published by: Stichting Onderzoek Multinationale Ondernemingen Centre for Research on Multinational Corporations Sarphatistraat 30 1018 GL Amsterdam The Netherlands Tel: + 31 (20) 6391291 Fax: + 31 (20) 6391321 E-mail: [email protected] Website: www.somo.nl Madhyam 142 Maitri Apartments, Plot No.
    [Show full text]
  • Bank of Commerce Credit Card Application Form
    Bank Of Commerce Credit Card Application Form Exceptionable Axel extirpating some proteases and chirrs his geriatrists so jollily! Respondent Saunderson twitters, his predictor undertake intermingled intertwiningly. Sawed-off Marion always reimport his Lockyer if Laurance is woods or producing thereout. Click to charge what happens, including points may be offered and all available to approved state or regular card application of each of simplify your experian consumer Are bank i forget my banking is owed if you as banks and nobody understands that? Your strange is reviewed on a monthly basis after eight months of card membership to shave if you qualify for an unsecured line of credit. Credit Cards Best Visa & MasterCard Credit Cards in India. Learn behavior we can space you here. Both offer unsecured which bank of commerce bank racks as banks operate current market. Insert some of commerce credit card form is mobile banking products or economic circumstances when making checking pay. Charges of banking! Submit the token enter your server using one get our SDKs. Please enter a tour of banking? Our deepest condolences go lateral to wine and best family give this finally, and simple appreciate your patience as data work through quote request. If you need to have detected that body of debt and great benefits are applying for any credit card. Please enter any valid email address. What probably led touch the trouble accessing your account? Land Rover car owners and right center clients. How do banking since i may be pci compliance fees. Staples credit for maintain purchase. File was no.
    [Show full text]
  • Bank Supervision Annual Report 2019 1 Table of Contents
    CENTRAL BANK OF KENYA BANK SUPERVISION ANNUAL REPORT 2019 1 TABLE OF CONTENTS VISION STATEMENT VII THE BANK’S MISSION VII MISSION OF BANK SUPERVISION DEPARTMENT VII THE BANK’S CORE VALUES VII GOVERNOR’S MESSAGE IX FOREWORD BY DIRECTOR, BANK SUPERVISION X EXECUTIVE SUMMARY XII CHAPTER ONE STRUCTURE OF THE BANKING SECTOR 1.1 The Banking Sector 2 1.2 Ownership and Asset Base of Commercial Banks 4 1.3 Distribution of Commercial Banks Branches 5 1.4 Commercial Banks Market Share Analysis 5 1.5 Automated Teller Machines (ATMs) 7 1.6 Asset Base of Microfinance Banks 7 1.7 Microfinance Banks Market Share Analysis 9 1.8 Distribution of Foreign Exchange Bureaus 11 CHAPTER TWO DEVELOPMENTS IN THE BANKING SECTOR 2.1 Introduction 13 2.2 Banking Sector Charter 13 2.3 Demonetization 13 2.4 Legal and Regulatory Framework 13 2.5 Consolidations, Mergers and Acquisitions, New Entrants 13 2.6 Medium, Small and Micro-Enterprises (MSME) Support 14 2.7 Developments in Information and Communication Technology 14 2.8 Mobile Phone Financial Services 22 2.9 New Products 23 2.10 Operations of Representative Offices of Authorized Foreign Financial Institutions 23 2.11 Surveys 2019 24 2.12 Innovative MSME Products by Banks 27 2.13 Employment Trend in the Banking Sector 27 2.14 Future Outlook 28 CENTRAL BANK OF KENYA 2 BANK SUPERVISION ANNUAL REPORT 2019 TABLE OF CONTENTS CHAPTER THREE MACROECONOMIC CONDITIONS AND BANKING SECTOR PERFORMANCE 3.1 Global Economic Conditions 30 3.2 Regional Economy 31 3.3 Domestic Economy 31 3.4 Inflation 33 3.5 Exchange Rates 33 3.6 Interest
    [Show full text]
  • Banking Basics
    Banking Basics Seminar Lesson Plan and Class Activities Managing Money A PROJECT OF CONSUMER ACTION © Consumer Action 2011 Banking Basics Seminar Lesson Plan and Class Activities Lesson Purpose: To provide participants with an understanding of personal banking services, help them recognize the advantages and disadvantages of checking and savings accounts, and provide them with the knowledge and tools that will enable them to reduce account costs, manage their accounts wisely and resolve problems when they arise. Lesson Objectives: By the end of the lesson, participants will understand: • the difference between banks and credit unions; • the advantages of having a checking or savings account; • how account verification services work; • how to get a copy of their ChexSystems report; • the difference between a debit card and a credit card; • what to do if their debit card is lost or stolen; • how interest accrues, and the difference between simple and compound interest; • what CDs (certificates of deposit) are; • what safety deposit boxes are used for; • how to select a financial institution and account; • how to open an account; • how to keep account costs down; and • how to resolve account problems. Lesson Duration: 3½ hours (including a 15-minute break) Materials: For instructor: • You Can Bank on It brochure • Lesson plan (pages 3-17) • Activities and worksheets (including answer keys) (pages 18-24) o Check writing activity (page 18) o Sample ChexSystems report (pages 19-21) o Sample savings account application (pages 22-23) o Choosing a Bank or Credit Union (take-home worksheet) (page 24) • Training evaluation form (page 25) • Banking Basics Leader’s Guide • Visual teaching aid (PowerPoint presentation with instructor’s notes) Instructor will also need: • a computer and projector for the PowerPoint presentation (OPTIONAL: The PowerPoint slides also can be printed on transparent sheets for use on an overhead projector.); and • an easel and pad, or a whiteboard, and markers.
    [Show full text]
  • LICENSED COMMERCIAL BANKS in UGANDA As at 31 August 2009
    LICENSED COMMERCIAL BANKS IN UGANDA as at 31 August 2009 Institution Address Phone Fax Cable/ E-mail ABC Bank Plot 4 Pilkington +256- 414-343745 +256- 414-258310 [email protected] Road, +256- 414-345200 [email protected] Colline House P O. Box 21091 Kampala Bank of Plot 45, Jinja Road +256-414302001 +256-414-230902 SWIFT: AFRIUGKA Africa – P.O. Box 2750 +256-414-250821 +256-414-230439 Email: [email protected] Uganda Ltd Kampala +256-312-254100 +256-414-230669 Website: www.boa-uganda.com Barclays Plot 4 Hannington +256-312- +256-414-231839 SWIFT: BARCUGICX Bank (U) Road 218300/5/10 +256-414-259467 [email protected] Ltd. P.O.Box 2971 Website: www.barclays.com Kampala Bank of Plot 18, Kampala +256-414-233680/1 +256-414-230781 SWIFT: BARBUGKA Baroda (U) Road. +256-414-232783 +256-414-258263 Email: [email protected] Ltd. P.O.Box 7197 +256-414236192 Website: www.bankofbaroda.com Kampala Cairo Plot 30 Kampala +256-414- 230141 +256-414-230130 SWIFT: UBSWUS 33XX International Road. +256-414-230137 Email:[email protected] Bank Ltd P.O.Box 7052 Website: www.cairointernationalbank.com Kampala Centenary Plot 7 Entebbe Road +256-414-346856 +256-414-236446 SWIFT:CERB UG KAXXX Bank Ltd. P.O. Box 1892 +256-414-251276/7 Email: [email protected] Kampala +256-414-232393 [email protected] +256-414-340298 Website: www.centenarybank.com Citibank Plot 4 Ternan +256-414-305500 +256-414-340624 SWIFT: CITIUGKA Uganda Ltd. Avenue, +256-312-305500 Website: www.citigroup.com Centre Court P.O.
    [Show full text]
  • Effect of Mobile Banking on Cost Efficiency Of
    EFFECT OF MOBILE BANKING ON COST EFFICIENCY OF COMMERCIAL BANKS IN KENYA WILLY WACHIRA MUTHII A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE IN FINANCE, SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI OCTOBER, 2019 DECLARATION I, the undersigned, declare that this is my original work and has not been presented to any institution or university other than the University of Nairobi for examination. Signed: _____________________Date: __________________________ WILLY WACHIRA MUTHII D63/64566/2013 This research project has been submitted for examination with my approval as the University Supervisor. Signed: _____________________Date: __________________________ DR. CYRUS IRAYA Department of Finance and Accounting School of Business, University of Nairobi ii ACKNOWLEDGEMENTS Quoting the words of Shannon L Adler, "When you invite people to share in your miracle, you create future allies during rough weather". This quote is a true reflection of my journey writing this research project because without the individuals involved, this journey would have been impossible. A sincere thank you goes to my supervisor Dr. Cyrus Iraya for his patience, support and guidance. For believing in my project and offering his insight and expertise in this field. For not hesitating to share his thoughts and views enabling me to be where I am today. A special thank you to Mr. Murage for his guidance and support throughout this process. Finally I would like to thank my colleagues and friends who were there to offer me support and listen to me and my views while writing this research project. They encouraged me to never give up and for that I will forever be grateful.
    [Show full text]
  • Strengthening Health Outcomes Through the Private Sector (SHOPS) Year One Annual Report September 30, 2009 to June 30, 2010
    Strengthening Health Outcomes through the Private Sector (SHOPS) Year One Annual Report September 30, 2009 to June 30, 2010 Submitted for Approval November 4, 2010 USAID Cooperative Agreement Number: GPO-A-00-09-00007 In partnership with Banyan Global, Jhpiego, Marie Stopes International, Monitor Group, and O’Hanlon Consulting. Table of Contents Acronyms............................................................................................................................................................3 Introduction........................................................................................................................................................6 Result 1: Strengthened Global Support for SOTA Private Sector FP/RH Approaches, Products and Services................................................................................................................................................................8 Sub Result 1.1 Global partnerships established ...................................................................................8 Sub Result 1.2: Policy dialogue enhanced between public and private sectors .............................11 Sub Result 1.3 Supportive policy environment promoted................................................................13 Result 2: Knowledge about and Understanding of Private Sector Provision of FP/RH and Other Health Information, Products and Services Advanced..............................................................................14 Sub Result 2.1 Programmatic and operations
    [Show full text]
  • Social Capital and Internationalization of Commercial Banks in Kenya
    ISSN 2519-8564 (рrint), ISSN 2523-451X (online). European Journal of Management Issues. – 2020. – 28 (1-2) European Journal of Management Issues Volume 28(1-2), 2020, pp.41-51 DOI: 10.15421/192005 Received: 12 February2020; 08 April 2020 Revised: 27 March 2020; 13 May 2020 Accepted: 03 June 2020 Published: 25 June 2020 UDC classification: 336 JEL Classification: M19 Social capital and internationalization of commercial banks in Kenya P. P. Omondi‡, J. W. Ndegwa‡‡, ‡‡‡ T. C. Okech Purpose – tо study sought to delve into social capital and commercial banks' internationalization in Kenya Drawing on the internationalization concept. Design/Method/Approach. The research adopted a positivist philosophical approach and used a descriptive cross-sectional research design targeting top and middle-level managers in Kenya's commercial banks. Data was collected using a structured questionnaire and analyzed using SPSS version 22.0 for both descriptive and inferential statistics. Structural Equation Modelling was used to establish the influence of social capital on commercial banks' internationalization in Kenya. Findings. The findings established a significant and positive relationship between the components of social capital: inter-cultural empathy, inter- personal impact and diplomacy, and commercial banks' internationalization. Practical implications. The results have significant consequences: Firstly, social capital has a positive and statistically significant ‡Philip Peters Omondi, relationship with commercial banks' internationalization. Head of Trade Finance, NCBA Bank, Secondly, all dimensions of social capital affect the acquisition of Nairobi, Kenya, foreign market knowledge and financial resources. Thirdly, the use e-mail: [email protected], https://orcid.org/0000-0001-5213-7269 of individuals' social capital often changes during internationalization.
    [Show full text]
  • UGANDA CLEARING HOUSE RULES and PROCEDURES March 2018
    UGANDA CLEARING HOUSE RULES AND PROCEDURES March 2018 _____________________________________________________________________________________________________ UGANDA CLEARING HOUSE RULES AND PROCEDURES March 2018 BANK OF UGANDA UGANDA BANKERS’ASSOCIATION P.O.BOX 7120 P.O.BOX 8002 KAMPALA KAMPALA 1 | P a g e UGANDA CLEARING HOUSE RULES AND PROCEDURES March 2018 _____________________________________________________________________________________________________ Amendment History Version Author Date Summary of Key Changes 0.1 Clearing House 2009 Initial clearing house rules Committee 0.2 Clearing House 2011 Amendments included: Committee Inclusion of the 2nd clearing session. Inclusion of the pigeon hole’s clearing Inclusion of fine of Ugx.10,000 for each EFT unapplied after stipulated period. 0.3 Clearing House 2014 Amendments include: Committee Revision of the Direct Debit rules and regulations to make them more robust. Revision of the fine for late unapplied EFTs from Ugx.10,000 to Ugx.20,000 per week per transaction. Included the new file encryption tool GPG that replaced File Authentication System (FAS). Included a schedule for the upcountry clearing process. Discontinued the use of floppy disks as acceptable medium for transmitting back-up electronic files. The acceptable media is Flash disks and Compact Disks only. Revised the cut-off time for 2nd session files submission from 2.00p.m to 3.00p.m Updated the circumstances under which membership can be terminated. Revised committee quorum. 0.4 Clearing House 2018 Updated the rules to reflect the Committee requirements for the new automated clearing house with cheque truncation capability. Provided an inward EFT credits exceptions management process. REVIEW MECHANISM This procedure manual should be updated every two years or as and when new processes or systems are introduced or when there are major changes to the current process.
    [Show full text]
  • Factors Influencing Strategy Implementation at Kenya Commercial Bank Limited in Kenya
    FACTORS INFLUENCING STRATEGY IMPLEMENTATION AT KENYA COMMERCIAL BANK LIMITED IN KENYA FRANCIS OCHIENG ONGONG’A A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION, SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI NOVEMBER, 2014 i DECLARATION This research project is my original work and has not been submitted for examination for any award of degree in this university or any other university. Signature: ………………………………… Date: ………………………………. ONGONG’A FRANCIS OCHIENG This research project has been submitted for examination with my approval as a university supervisor. Signature:……………………………… Date: ………………………………….. MR. ELIUD O. MUDUDA Lecturer Department of Business Administration, School of Business, University of Nairobi. ii ACKNOWLEDGEMENTS In the course of undertaking my MBA program, I have benefited immensely from the support and inputs of diverse groups, individuals and organizations. It may not be therefore possible to mention all of them individually. However, I must say that I am gratefully indebted and appreciative to all their wonderful contribution. I sincerely wish to acknowledge the contribution of my supervisor whose guidance, keenness to detail and critique helped in refining this work. Last but not least, I am grateful to the almighty God for giving me strength and good health. iii DEDICATION I dedicate this study to the superb people who have given me a life full of love, affection and support beyond measure and remembrance. My father, Joannes Otiende Ongong’a who instilled in me the values of discipline, hard work and a thirst for knowledge from an early age. To the memory of my late mother, Jane Ogola Okello whose love and guidance I dearly miss.
    [Show full text]